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IREDA crosses highest annual loan disbursement and sanction

in Business, National March 28, 2023 Comments Off on IREDA crosses highest annual loan disbursement and sanction 356 Views

Newdelhi:28/3/23:Indian Renewable Energy Development Agency Ltd. (IREDA) has achieved a significant milestone by achieving the loan disbursement of Rs. 16,320 during FY 2022-23. The earlier highest annual loan disbursement was during FY 2021-22 of Rs. 16,071 crores. IREDA also crossed highest annual loan sanction of Rs. 23,921 crores (loan sanction in FY 2021-22) and touched loan sanction of Rs. 32,578 crores (as on 27th March 2023).

The company has been actively contributing to India’s transition towards a sustainable and clean energy future by providing financial assistance to Renewable Energy projects across the country at competitive rates.

Speaking on this achievement, Shri Pradip Kumar Das, Chairman and Managing Director, IREDA, said, ” The record-breaking loan disbursement and sanction reflects the company’s commitment towards its mission of promoting and financing Renewable Energy projects in India. We are confident that, this will further strengthen our position as a leading financial institution in the RE sector in the country.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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